Gold's Performance: Gold is experiencing its second-best performance in 50 years, with a 43% increase as investors seek to hedge against geopolitical and monetary risks, although institutional allocations remain low at just 2.4%.
Institutional Reluctance: A recent survey shows that 39% of fund managers have no exposure to gold, while technology stocks dominate their portfolios, reflecting a risk perception focused on inflation and central bank credibility rather than trade tensions.
Central Bank Demand: Central bank purchases of gold have slowed, with neutral activity in July after three years of record accumulation, although China continues to import non-monetary gold to diversify its reserves.
Cryptocurrency Absence: Institutional portfolios are also lacking in cryptocurrency exposure, with two-thirds of respondents reporting no allocation, and those who do maintain minimal positions averaging under 1% of their assets.
Wall Street analysts forecast SGOL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SGOL is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast SGOL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SGOL is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 45.990
Low
Averages
High
Current: 45.990
Low
Averages
High
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
